United States

Arkema SA (AKE.PA)

AKE.PA on Paris Stock Exchange

21 Oct 2016
Change (% chg)

€2.02 (+2.38%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Arkema expands in powder coating resins in India
Wednesday, 5 Oct 2016 11:35am EDT 

Arkema SA : Arkema expands in powder coating resins in India .Represents an investment of approximately $15 millions and is targeted for completion in 2018.  Full Article

Arkema moves for closure of R134a fluorogas plant in Pierre-Bénite
Wednesday, 14 Sep 2016 04:55am EDT 

Arkema SA : Proposed closure of the R134a fluorogas activity on the Pierre-Bénite site . This reorganization would entail loss of 38 positions . New structure would not result in any redundancies as redeployment solutions will be made available to those employees concerned .Plant closure planned for Q1 2017.  Full Article

Arkema increases specialty polyamides capacities
Tuesday, 6 Sep 2016 02:45am EDT 

Arkema SA : Increases its specialty polyamides global capacities . Is increasing its compounding capacities and in 2017 will bring on stream two production lines to manufacture polyamide 11 in addition to polyamide 10 already produced on site .In the United states, a new investment in Birdsboro site (Pennsylvania) will enable manufacture of new pebax biosourced grades for sports and electronics market.  Full Article

Arkema says Bostik synergies "a little ahead of the game" - conf call
Wednesday, 3 Aug 2016 05:54am EDT 

Arkema SA : Says with regards to Bostik synergies co is "a little ahead of the game" - conference call Further company coverage: [AKE.PA] (Gdynia Newsroom:) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;)).  Full Article

Arkema Q2 EBITDA rises to ‍​341 million euros
Wednesday, 3 Aug 2016 01:00am EDT 

Arkema Sa : Q2 revenue 1.95 billion euros ($2.19 billion) versus 2.11 billion euros year ago . Q2 net income group share ‍​147 million euros versus 133 million euros year ago . Q2 EBITDA ‍​341 million euros versus 320 million euros year ago . Will carry out, in the 2nd half of the year, a regulatory maintenance turnaround in Kerteh, Malaysia, in thiochemicals .Reaffirms its confidence in its ability to grow ebitda in 2016, and now targets growth in EBITDA of some 7 pct to 9 pct over the year.  Full Article

Arkema's Bostik acquires sealants company Den Braven
Wednesday, 20 Jul 2016 01:00am EDT 

Arkema SA : Subsidiary Bostik expands in high performance sealants with the planned acquisition of Den Braven . Enterprise value is EUR 485 million ($534.13 million), 11 times 2016 EBITDA estimate . Den Braven EUR 350 million estimated sales for 2016 . 12.5% EBITDA margin (2016 estimate) . Synergies assessed at EUR 30 million per year at least, fully achieved within 5 years . EBITDA margin target upgraded to 15% for Bostik by 2020 with recurring capex ranging from 2.5% to 3% of sales . Den Braven's integration will be a new milestone towards achieving target to double Bostik`'s EBITDA by 2020 compared to 2014 . Acquisition comforts company confidence in Bostik's development potential and supports Arkema's 2017 and 2020 targets .Closing is expected to take place in last quarter of 2016.  Full Article

Arkema expands Bostik manufacturing capacities in Malaysia
Wednesday, 25 May 2016 11:35am EDT 

Arkema Sa :Expands Bostik manufacturing capacities in Malaysia.  Full Article

Arkema entrusts Suez with management and recovery of waste
Wednesday, 18 May 2016 04:46am EDT 

Suez Environnement : Arkema entrusts Suez with management and recovery of waste on 28 sites in France .42 million euro ($47.3 million) partnership renewed for four years.  Full Article

Arkema to collaborate with HP
Tuesday, 17 May 2016 09:35am EDT 

Arkema SA :Arkema to collaborate with HP Inc. on material development for new multi jet fusion 3D printing solution.  Full Article

Arkema Q1 EBITDA rises to 302‍​ million euros
Wednesday, 11 May 2016 01:24am EDT 

Arkema SA : Q1 revenue 1.89 billion euros ($2.15 billion) versus 1.87 billion a year ago . Q1 EBITDA 302‍​ million euros versus 237 million euros year ago . Q1 net income group share 98‍​ million euros versus 42 million euros year ago .Reaffirms its confidence in its ability to advance its EBITDA in 2016.  Full Article

EU mergers and takeovers (Oct 21)

BRUSSELS, Oct 21 The following are mergers under review by the European Commission and a brief guide to the EU merger process: